A court in Cambodia on Thursday sentenced the country's former ambassador to South Korea to five years in prison on charges of corruption and abuse of power.http://www.nytimes.com/aponline/2016/12/01/world/asia/ap-as-cambodia-corruption.html?_r=0

Brazilian authorities are investigating thousands of reports of fraud and criminal interference in the country’s municipal elections, including one case in which the country’s most notorious prison gang allegedly funded…

The government has suspended the governor of Bangkok, the country's most senior elected official, on Thursday while the country's attorney general investigates allegations of corruption and misuse of city funds…

Chuck Blazer, a former executive vice president of the U.S. Soccer Federation and once a powerful member of the executive committee of FIFA will pay at least $2.5 millionfor corruption and tax evasion. This comes after Blazer secretly pleaded guilty to a 10-count indictment in 2013 and agreed to cooperate with the U.S. bribery and corruption investigation thatled to the toppling of FIFA President Sepp Blatterlast month. http://www.nbcnews.com/storyline/fifa-corruption-scandal/fifa-corruption-scandal-chuck-blazer

Anti-corruption Agency says Prime Minister VictorPonta was paid $46,000 and a 300-horsepower Mitsubishi Lancer which he later described a toy on which big boys like to spend money on. The Prime-Ministers business partner who made the payments was later given multiple appointments in government. However,it appears the investigation will take longer to play out, rattling markets and foreshadowing political turbulence in a country that’s the region’s fastest growing economy.

Interpol has suspended its 10 year old partnership with FIFA worth $ 22.4 million after FIFA was implicated in bribery allegations. Interpol also says it will freeze the use of financial contributions from FIFA which are used to fight match fixing. Some reports indicate that Interpol’s relations with FIFA are closely tied to President Sepp Blatter, who has said he will step down as a result of the corruption investigations.http://abcnews.go.com/Sports/wireStory/interpol-suspends-22m-fifa-project-corruption-crisis-31713376

World Bank wants anonymous companies not to be given contracts in projects funded by the Bank. A key player in development finance with a $42 billion portfolio, the move would put the World Bank in the forefront of G20 proposals to unmask beneficial owners of shell companies, which often are used to hide illicit funds from crime and corruption.